1. PUNJABCHEM has given long term Trend Line breakout.
2. It has been consolidating around 1020-1050 for last 6-7 days.
3. 1050 is long term support/resistance as well.
Intraday
Entry around 1053-1055
SL - 1024-26
Target - 1080, 1098
Swing
Entry above 1060 (hourly close)
SL - 940 (day closing)
Target - 1150, 1200, 1300
Kindly follow risk management. I will prefer it for Intraday as capital is blocked in other trades
Thanks
Piyush Gupta
Learn & Earn
2. It has been consolidating around 1020-1050 for last 6-7 days.
3. 1050 is long term support/resistance as well.
Intraday
Entry around 1053-1055
SL - 1024-26
Target - 1080, 1098
Swing
Entry above 1060 (hourly close)
SL - 940 (day closing)
Target - 1150, 1200, 1300
Kindly follow risk management. I will prefer it for Intraday as capital is blocked in other trades
Thanks
Piyush Gupta
Learn & Earn
Nota
Intraday target was reached same day. Rather it moved beyond Target 2 Swing Target 2 (1200) is reached on 23-Aug.
15% move so far
All studies for for learning purpose only.
These are not trade recommendations
Not responsible for any profit or loss
These are not trade recommendations
Not responsible for any profit or loss
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
All studies for for learning purpose only.
These are not trade recommendations
Not responsible for any profit or loss
These are not trade recommendations
Not responsible for any profit or loss
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.